Czech Republic is a country of known all over the world resorts such as Karlovy Vary, Teplitsa, Mariana Laznya where you can alpine ski or restore your health if you have some problems with it. It’s very comfortably in hotels and in boarding houses and a beauty of mountains charms with its magnificence. As a result of this the real estate in Czech Republic attracts investors from the entire world. It’s well to point that an inalienable plus is that Czech Republic is one of the European Community countries.
The only obstacle which can appear on the way to buying is that not every foreigner has rights for buying living space in this country. If you are not admitted to the citizenship you couldn’t buy the property. It’s possible to evade this condition is possible. For this you’ll have to register a firm in this state for your name and execute the Czech Republic real estate. If the foreigner is the owner of some organization it’s easier for him to get a residence permit and then in five years will be admitted to the citizenship. Such regions like Prague, the capital of the state and Teplitsa are very interesting for investors. For all this it’s better to buy the real estate in Czech Republic on the primary dwelling market because the new buildings have larger kitchen in contrast to the old buildings where maximal size of the kitchen is 3 m2.
The prices for houses and flats are very low in compare with European standards. It’s possible to buy flat in most picturesque places of this country for 10 000 – 15 000euro, and the house for 30 000 – 40 000euro.
Buying the real estate in Czech Republic you need not economize on a real agency, because this process can be very long. On an average the service of such organizations costs 5-7% from all deal. Dealership with a flat or a house is accompanied by subscription a buying and selling agreement and registration it in Real Estate Register of Czech Republic.
